Is 24569, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 24569 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 24569 has remained a Seller's Market.

Key Takeaway

24569 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 24569, VA

How much do homes in 24569, VA cost?

Median Sold Price

$359,950

$161/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$309,950(+619.9%)

Key Takeaway

Homes in 24569 have sold for 619.9% more than they did a month ago.

Summary: The median home sold price in 24569 was $359,950 in April 2024, up 619.9% from last month, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $50K-
N/A
3 -$335K
N/A
4 -$384.9K
N/A
5+ --
N/A

Summary: 24569 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

24569
+619.9%
24557
-28.7%

Housing Supply in 24569, VA

How many homes are available in 24569, VA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
23+50.0%

Summary: The 24569 real estate market had 3 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 01
+100.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The 24569 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 24569, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 24569 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 24569, VA

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 24569 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 24569; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in 24569, VA

Nearby Markets to 24569, VA